While Rs 13,784 crore is earmarked for agriculture, education sector gets ₹16,987 crore in 2024 budget. Another Rs 7,780 crore allocated for providing free power to households.
While court order reportedly has recognition in some parts of China, the question is how far would Chinese courts recognise attempts to seize assets of indebted property developer.
Northeastern states feature among the most indebted. Many of these states also have high levels of committed expenditure, which means they have less left over for capital creation.
Congress govt tables white paper on state finances in assembly, to highlight 'poor fiscal marksmanship' under K. Chandrashekar Rao in the last 9+ years — ever since Telangana's formation.
Govt, RBI term IMF’s exchange rate re-classification as arbitrary. They also disagree with its assertion that India’s general govt debt-GDP ratio could exceed 100% of GDP in medium term.
With tax revenue not doing as well as needed, govt has few choices before it: reduce subsidy-led revenue expenditure, cut back on growth-oriented capex, or miss its fiscal deficit target.
Indian govt's status paper presents a consolidated picture of country's debt position & emphasises the need to improve liquidity in the debt market by diversifying the investor base.
‘SCO should work together to promote stability & prosperity in region’, he says at Bishkek summit, calls India-Middle East-Europe corridor 'enabler' of economic prosperity.
Response came after Raj Bhavan sought details of state incurring additional debt of Rs 50,000 cr since AAP came to power. Opposition leaders allege CM is taking people for ride.
Audit body found several other irregularities in govt’s accounts for FY22, including cess collections lying unused or misused, and expenditure being placed under opaque headings.
In the first eight months of the current fiscal year, New Delhi’s net tax intake didn’t even hit the halfway mark of what it expects to collect by March 31.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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